Two trades I took today, feel free to comment
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Experienced Coder/Trader Needed to Develop Trading Strategy 0 replies
DislikedHi Doriotcapita, Have been following your thread and system very closely. Thank you again for sharing your knowledge and system. I have even made a checklist on all the items you mentioned before pulling the trigger. However, I have not been able to find a good and proper setup for the past few days. It is because it's the month of January and also due to NFP on Friday? I do remember in your older post that you are able to find at least 1 or 2 good setup a day but I still find it a challenge to do so. I stick to 1 Hr TF to look for resistance and...Ignored
Disliked{quote} Hello Charvo - Here are my thoughts on divergences. ..when I started trading years ago I tried to trade them but since they are counter trend it seemed I always got the trade wrong. On the flip, if you can find divergences WITH the trend, they are usually pretty accurate. Those divergences show up as the straight lines on the THV (not the dashed). Again, they are preferred at support areas so I could still trade without them; they are merely for the sake of more confidence. I do condsider them however when I look at taking a trade. Many...Ignored
DislikedGood day traders, Is there any way that SL's can be set up automatically the moment we enter a trade if we are using MT4 platform instead of manually setting it every time we go in. Why am i asking this mainly to avoid any runs against the trade before its too late as at times the prices moves so quickly. Thank youIgnored
DislikedGood day traders, Is there any way that SL's can be set up automatically the moment we enter a trade if we are using MT4 platform instead of manually setting it every time we go in. Why am i asking this mainly to avoid any runs against the trade before its too late as at times the prices moves so quickly. Thank youIgnored
Disliked{quote} Hi Mohendran, As far as I know, you can't change the settings for MT4 if you are using a Market order but you may set a bracket order(entry with Stop loss and Target Profit) if you are using a pending order (buy/sell limit/stop). However if you are using Interactive Brokers or other platform(CMC Markets, etc) or Ninja Trader, you may set a default settings. Hope this helps.....Ignored
DislikedHi doriot, I took a short on cadchf tonight which failed. Got a signal on 30m, and there was no divergence on higher timeframes. Did I do anything wrong? cheers. {image}Ignored